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  1. Iran’s High Winter Gas Demand Dampens Transit Hub Ambitions

    ...llowing a five-year hiatus after Turkmengaz in 2017 halted flows over claims that NIGC owed it $1.8bn for previous deliveries (MEES, 13 January 2017). This was officially resolved last June according to NIGC after Baghdad paid some $2.76bn from Iran’s frozen energy dues in Iraq. The nature of the Tu...

    Volume: 67
    Issue: 03
    Published at Fri, 19 Jan 2024

  2. Iran’s First Super Heavy Refinery Opens At Qeshm

    ...th a gross tonnage of up to 70,000 tons can dock on one side and 7,000 GT vessels on the other. PEDC has also been developing a 500MW combined cycle power plant to provide the refinery with power. The first 85MW has been operational since 2017-18, and work is underway to bring it up to full 500MW ca...

    Volume: 65
    Issue: 03
    Published at Fri, 21 Jan 2022

  3. Aramco’s Sabic Takeover: Are Assets Compatible?

    ...pacity of 10.2mn t/y of end products. While Sabic’s 66.9mn tons of chemicals output in 2017 included intermediate products (see chart), even assuming two thirds of this total was intermediates suggests its end-products capacity is more than double Aramco’s. Sabic is one of the world’s largest pe...

    Volume: 62
    Issue: 03
    Published at Fri, 18 Jan 2019

  4. Libya Refinery ‘Resolution’ Fails To Hide Need For Multi-$bn Investment

    ...t infrequent shut-ins (MEES, 10 November 2017), crude has been shipped to the plant by sea from export terminals in eastern Libya. NOC chairman Mustafa Sanalla says that now the dispute is ‘resolved’ it hopes Lerco will “restart operations at Ras Lanuf Oil as soon as possible. Trasta and Lerco ar...

    Volume: 61
    Issue: 03
    Published at Fri, 19 Jan 2018

  5. Socar Turkey Picks FW For Aliaga PMC

    ...rm AMEC has already completed front-end engineering and design (FEED) for the plant. Foster Wheeler envisages 2017 start-up for the 200,000 b/d, $4.35bn plant, which will be able to process a range of crudes including Russian Urals, Azeri Light and Iraqi Kirkuk. Socar last year awarded the pl...

    Volume: 57
    Issue: 03
    Published at Fri, 17 Jan 2014